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$151,000

NAL Estimated Property Value

16540 Diana Lane, Houston, TX, 77062

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,102 Sq Ft
price_per_sqft$131.58 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built1964
Stories1

Land Information

APN1102530000008
SubdivisionKings Village T/H Condo 2nd Am
Land UseResidential
Legal DescriptionTH 16540D BLDG F KINGS VILLAGE T/H CONDO 2ND AM
Census Tract340502
Assessed Land Value$26,678
Assessed Improvement Value$113,735
Assessment Year2025

About this property

Great home right in the heart of Clear Lake! This newly updated and modern style townhome offers 2 large sized bedrooms and 2 full sized bathrooms as well as a great kitchen with updated touches noticed throughout. Fresh paint, new flooring and brand new sliding glass doors really enhance the home and brings in tons of natural lighting. Great utility room located off the living area, as well as a big storage closest near both bedrooms. This unit also includes a generous sized back patio with a beautiful green space as well as a fully fenced in yard which opens to your parking space. Walking distance to the Clear Lake Recreation Center, parks and pools.

Investor Tools

Property Icon
$151,000
Estimated Property Value
$79,298Estimated Mortgage Balance
$71,702Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$906 /month
Positive
Cash Flow Estimate:
$302 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
$295/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,065
$140,413
2025
$26,678
$113,735
$140,413
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,065
$140,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barrett Financial Group Llc
Conventional
$85,250
No
First
Aug 24, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,298
$71,702
47%
53%
$512/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$807/mo
+$500/mo
10.4%

City: Houston

16540 Diana Lane | Property Details | No Agent List